Fraser VE, Vancouver Market Report – May 2024

Q: How many homes sold in Fraser VE, Vancouver in May 2024?

21 properties sold in Fraser VE, Vancouver during May 2024 based on MLS® records. There were 582 active listings at the start of the month. A total of 40 new listings came to market during the month.

Q: What is the average home price in Fraser VE, Vancouver?

The average sold price in Fraser VE, Vancouver in May 2024 was $1,665,000. Sold prices ranged from $425,000 to $3,180,000. Data is sourced from MLS® board records.

Q: How long are homes sitting on the market in Fraser VE, Vancouver?

In May 2024, properties in Fraser VE, Vancouver averaged 12 days on the market before selling. With an absorption rate of 3.6%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

Q: How has the Fraser VE, Vancouver market changed compared to last year?

The average sold price in Fraser VE, Vancouver in May 2024 was $1,665,000, down 9.3% year-over-year compared to May 2023 ($1,835,282). Sales volume was up 23.5% compared to the same month last year. Data is sourced from MLS® sold records.

Fraser VE is an active real estate market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for Fraser VE based on MLS® data.

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Units Sold

$1,665,000

Avg Sold Price

12d

Avg Days on Market

Buyer's Market

Market Condition

582 active at start of month 40 new listings Absorption rate: 3.6% Highest sold: $3,180,000 Lowest sold: $425,000

How Does May 2024 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
May 2024 (this report)	21	$1,665,000	12d
April 2024 month prior	22 -4.5%	$2,082,768 -20.1%	12d +0%
May 2023 year ago	17 +23.5%	$1,835,282 -9.3%	—

3-Year Price Trend — Fraser VE, Vancouver

The Fraser VE, Vancouver real estate market was a Buyer's Market in May 2024, with 582 active listings at the start of the month, 21 properties sold, an average sold price of $1,665,000, properties averaging 12 days on market, an absorption rate of 3.6%. All data is sourced from MLS® sold records.

Recently Sold in Fraser VE, Vancouver

4428 St. George Street

Sold $2,375,000

3 bd • 2 ba • House

4467 St. George Street

2 bd • 1 ba • Apartment

435 47th Avenue

Sold $1,020,000

3 bd • 2 ba • Townhouse

6475 Chester Street

Sold $528,000

1 bd • 1 ba • Apartment

467 43rd Avenue

Sold $900,000

2 bd • 2 ba • House

Active Listings in Fraser VE, Vancouver

893 21st Avenue

$2,098,900

3 bd • 3 ba • Townhouse

891 21st Avenue

$1,648,900

3 bd • 3 ba • Townhouse

831 King Edward Avenue

4 bd • 4 ba • Townhouse

468 18th Avenue

$1,499,000

3 bd • 3 ba • Townhouse

688 16th Avenue

$779,990

2 bd • 2 ba • Apartment

Prepared by

Hani Faraj

RE/MAX Crest • 604-229-3342
Your Fraser VE, Vancouver specialist

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Related: Fraser VE, Vancouver Archive → Live Market Stats → Vancouver Reports → All BC Reports →

Frequently Asked Questions — Fraser VE, Vancouver May 2024

Is it a good time to buy in Fraser VE, Vancouver? −

In May 2024, the Fraser VE, Vancouver real estate market is classified as a Buyer's Market with an absorption rate of 3.6%. Conditions may favour buyers — there is relatively more supply than demand, giving buyers more choice and negotiating room. Always consult a licensed REALTOR® to assess your specific situation.

How many homes sold in Fraser VE, Vancouver in May 2024? +

What is the average home price in Fraser VE, Vancouver? +

How long are homes sitting on the market in Fraser VE, Vancouver? +

How has the Fraser VE, Vancouver market changed compared to last year? +

Last Update: 06/04/2026 Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.